Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - Whitestone REIT | exhibit322certificationofc.htm |
| EX-32.1 - EXHIBIT 32.1 - Whitestone REIT | exhibit321certificationofc.htm |
| EX-31.2 - EXHIBIT 31.2 - Whitestone REIT | exhibit312certificationofc.htm |
| EX-31.1 - EXHIBIT 31.1 - Whitestone REIT | exhibit311certificationofc.htm |
| 10-Q - 10-Q - Whitestone REIT | wsr10-q2018x06.htm |
Exhibit 12.1
Whitestone REIT
Calculation of Consolidated Ratio of Earnings to Fixed Charges
(dollars in thousands)
Six Months Ended June 30, | Year Ended December 31, | |||||||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | ||||||||||||||||
Earnings | ||||||||||||||||||||
Income from continuing operations | 4,867 | $ | 8,866 | $ | 8,128 | $ | 6,854 | $ | 5,349 | |||||||||||
Plus: Taxes | 213 | 386 | 289 | 372 | 282 | |||||||||||||||
Plus: Fixed charges | 13,937 | 24,530 | 20,189 | 15,122 | 10,672 | |||||||||||||||
Total earnings | $ | 19,017 | $ | 33,782 | $ | 28,606 | $ | 22,348 | $ | 16,303 | ||||||||||
Fixed charges | ||||||||||||||||||||
Interest expense | 12,993 | $ | 22,808 | $ | 18,311 | $ | 13,804 | $ | 9,680 | |||||||||||
Plus: Capitalized Interest | 291 | 439 | 324 | 106 | 93 | |||||||||||||||
Plus: Amortization of deferred financing costs | 653 | 1,283 | 1,554 | 1,212 | 899 | |||||||||||||||
Total fixed charges | $ | 13,937 | $ | 24,530 | $ | 20,189 | $ | 15,122 | $ | 10,672 | ||||||||||
Ratio of earnings to fixed charges | 1.36 | 1.38 | 1.42 | 1.48 | 1.53 | |||||||||||||||